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News - Page 344

Police to Resume Enforcement of Tinted Glass Permit January 2

The Nigeria Police Force (NPF) has announced plans to resume nationwide enforcement of the Tinted Glass Permit policy from January 2, 2026, citing growing security threats linked to the use of unauthorised tinted vehicle glasses, Prime Business Africa reports. The announcement was

December 16, 2025

News

UNN-USA Announces 2024-2025 Scholarship, Encourages Special Needs Students To Apply

The University of Nigeria Alumni and Friends Association-USA (UNN-USA), a US-based organisation committed to upholding the dignity of the University of Nigeria Nsukka (UNN), has announced its 2024-2025 scholarship, open to current students of the institution. In a special advisory, the group

October 8, 2024

News·World News

Retaliation Will Be Swift If Infrastructure Is Targeted, Iran Warns Israel

Iran has issued a stark warning to Israel, cautioning against any attack on its infrastructure as tensions escalate following recent missile strikes. On Tuesday, Iran’s Foreign Minister, Abbas Araghchi, stated, “Any attack against infrastructure in Iran will provoke an even stronger response.”

October 8, 2024

Dangote Refinery To Start Processing Only Nigerian Oil By Year End

Business·News·Oil & Gas

Naira-for-Crude Deal To Last Six Months As Dangote Refinery Receives 400,000 Barrels Of Oil Daily

Naira-for-Crude: A Six-Month Deal at Dangote Refinery The Naira-for-crude deal, in which Nigeria’s National Petroleum Company Limited (NNPC) will supply crude oil to Dangote Refinery in exchange for naira payments, is set to last for six months, according to sources close to

October 8, 2024

Dangote Refinery, FCCPC Clash As NNPCL Insists On Importation Of Fuel

Business·FEATURES·News

NNPC VS Dangote Refinery Pricing Controversy: Who’s Benefiting?

The Nigerian National Petroleum Company (NNPC) recently set a price range for Premium Motor Spirit (PMS) from the newly commissioned Dangote Refinery, with rates between N950 per litre in Lagos and N1,019 per litre in the northern parts of the country. This

October 8, 2024

Naira Ends Week With N30 Gain In Black Market: Hope For Naira?

Business·News

CBN Withdraws N1.335trn From Circulation, Money Supply Hits N107.1trn

The Central Bank of Nigeria (CBN) has taken significant action by withdrawing N1.335 trillion from circulation, in a bid to control the country’s expanding money supply. This move is part of the CBN’s ongoing strategy to stabilize the economy and curb inflation.

October 8, 2024

Business·News·Oil & Gas·World News

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Oil Prices Rise on Middle East Tensions Global oil prices are climbing once again, driven by fears of escalating conflict in the Middle East. Brent crude, the global oil benchmark, inched closer to $80 per barrel on Monday, marking the continuation of

October 8, 2024

Nigeria's Equity Market Declines By 1.99% in March Despite Weekly Gains

Business·Markets·News

Nigeria’s Equity Market Rises By 0.19% Despite Analyst Predictions, Dividend Stocks Lead Surge

Investor Optimism Pushes Equity Market Higher Nigeria’s equity market on Monday surprised many investors as it rose by 0.19%, defying earlier predictions of a downturn. This unexpected rise, driven by increased interest in dividend-paying stocks, saw the market add N107 billion in

October 8, 2024

Business·News·Oil & Gas

NCDMB Highlights Positive Impacts Of Presidential Directives On Local Content In Nigeria’s Oil Gas Industry

The Nigerian Content Development and Monitoring Board (NCDMB) announced on Monday that it had eliminated middlemen from the oil and gas industry value chain and contributed to shortening the oil industry contracting cycle to six months, courtesy of the three Presidential Directives

October 8, 2024

Africa

Foundations Launch New Collaborative Fund to Strengthen Democracy in West Africa

The Ford Foundation, John D. and Catherine T. MacArthur Foundation, Luminate, and Open Society Foundation have launched a $20 million West Africa Democracy Fund (WADF) to reimagine, renew and strengthen democracy across the region. The fund, targeted at supporting West African countries

October 8, 2024

NCDMBExecutiveSecretaryatbreakfastmeetingwithmediaexecutivesinLagos copy x

Business·News·Oil & Gas

Local Content Implementation Doesn’t Increase Crude Oil Production Costs – NCDMB Boss

Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has debunked claims that the implementation of local content policy increases the cost of crude oil production in Nigeria. Engr Ogbe explained that the major factors affecting the cost

October 8, 2024

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SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

UK Targets Sugary Milk Drinks as Government Tightens Health Levy

The UK Labour government has expanded its existing sugar tax

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 26th November 2025

What is the dollar-to-naira exchange rate on the black market,

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Holds Interest Rate At 27% — Fourth Time In 2025

The monetary policy committee (MPC) of the Central Bank of

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News - Page 344

Police to Resume Enforcement of Tinted Glass Permit January 2

UNN-USA Announces 2024-2025 Scholarship, Encourages Special Needs Students To Apply

Retaliation Will Be Swift If Infrastructure Is Targeted, Iran Warns Israel

Naira-for-Crude Deal To Last Six Months As Dangote Refinery Receives 400,000 Barrels Of Oil Daily

NNPC VS Dangote Refinery Pricing Controversy: Who’s Benefiting?

CBN Withdraws N1.335trn From Circulation, Money Supply Hits N107.1trn

Oil Prices Surge Amid Middle East Conflict Fears, Brent Crude Nears $80 Per Barrel

Nigeria’s Equity Market Rises By 0.19% Despite Analyst Predictions, Dividend Stocks Lead Surge

NCDMB Highlights Positive Impacts Of Presidential Directives On Local Content In Nigeria’s Oil Gas Industry

Foundations Launch New Collaborative Fund to Strengthen Democracy in West Africa

Local Content Implementation Doesn’t Increase Crude Oil Production Costs – NCDMB Boss

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Police to Resume Enforcement of Tinted Glass Permit January 2

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CBN Holds Interest Rate At 27% — Fourth Time In 2025

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News - Page 344

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